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CMorales17
January 17, 2024
Question

Can QBO Payroll deduct total gross wages in one lump sum from our bank account?

  • January 17, 2024
  • 1 reply
  • 0 views

QB Desktop Payroll Assisted would deduct a lump sum of the total gross wages payroll amount from our bank account. They would 

Then it payout the direct deposit amounts to each employee.

Then it would keep the taxes in an account on their end, which they would then pay our taxes with the money they had taken out previous pay periods to pay taxes on due dates.

 

But now, each employee has a direct deposit net pay deduction from our bank for the pay period

It also has separate IRS and state taxes monthly, quarterly and yearly deduction taken from our bank.

 

It's overwhelming, especially if it used to be so plain and simple. Can QBO Payroll Elite withdrawal the gross wage total for the pay period and store it in an account like QB Desktop Payroll Assisted does?

1 reply

C
Carneil_C
January 17, 2024

Hello there, @CMorales17.

 

I’ve seen that you’ve posted twice on the Community page. My colleague already addressed this issue with payroll concern and got it sorted out for you. You can visit the link to view his recommendation: https://quickbooks.intuit.com/learn-support/en-us/employees-and-payroll/re-i-ran-my-first-payroll-and-noticed-that-qbo-calculated-the/01/1377427/highlight/true#M122692 

 

Please don’t hesitate to get back to us if you have any other questions or concerns with QuickBooks Online Payroll-related tasks. We’re always here to help. Take care always.

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